The Iraq Development Fund signs memoranda of understanding with four major countries.
The Iraq Development Fund announced on Tuesday the signing of memoranda of understanding with four major countries, while indicating that Japan’s aid to Iraq amounts to billions due to its importance to it. The Executive Director of the Iraq Development Fund, Mohammed Al-Najjar, stated in a statement to the official agency, “The Iraq Development Fund is open to all countries of the world, and we have several memoranda of understanding with a number of countries, including three memoranda of understanding with the French side, two memoranda of understanding with Britain, and two memoranda of understanding with America, in addition to the memoranda of understanding with Japan.”
He also pointed out that “the interest in the memorandum of understanding with Japan is due to their presence in Iraq, as they have provided billions in aid to Iraq and have been supporting Iraq since the 1980s, making Iraq the most important country for Japan.”
He also stated that “the memoranda of understanding with Britain have been signed, and the French memoranda will be signed soon. The memorandum includes a water project and another project to recycle sewage water and convert it into irrigation water, which will reduce Iraq’s water scarcity. The third memorandum concerns the use of water purification plants in the Shatt al-Arab. These projects are ready and will be signed quickly.”
Burathanews.com